Hackney v. Sunset Beach Investments

Hadley D. Hackney and his wife brought this action against Sunset Beach Investments, a limited partnership, Charles C. Tompkins, general partner, and Mr. Tompkins' wife, to rescind a real estate contract. They also sought to recover the cash down payment, amount spent for improvements, loss of anticipated profits, and attorney's fees. The partnership and the Tompkinses contested the rescission and filed a cross complaint to declare the contract forfeited. They sought to recover an alleged unpaid part of the down payment and attorney's fees. John Klobucher, the closing attorney, and his wife…